Elon Musk consolidates his space and artificial intelligence ventures, with SpaceX acquiring xAI to form a private sector titan valued over a trillion dollars, aiming to solve AI's energy crisis by moving compute to space.
Fabrinet's fiscal Q2 2026 results smashed expectations, fueled by explosive growth in data center interconnect modules and a breakout performance in high-performance computing. The manufacturing services provider raises guidance, signaling strong momentum across its key markets.
Elon Musk consolidates his AI and aerospace ambitions by merging SpaceX with xAI, a move driven by a radical vision to power next-generation artificial intelligence from space.
Elon Musk consolidates his AI and aerospace ambitions as SpaceX purchases his controversial AI firm xAI, aiming to build orbital data centers and scale AI using space-based solar power, amidst scrutiny over xAI's past products.
Elon Musk's sprawling empire of companies is increasingly operating as an interconnected ecosystem, with billions in cross-investments, shared technology, and personnel moves blurring traditional corporate boundaries and raising questions about the future of 'Elon Inc.'
Woodward, Inc. (WWD) kicked off fiscal 2026 with robust first-quarter results, driven by exceptional performance in commercial aerospace services and broad-based industrial growth. The company reported a 29% year-over-year sales increase and a 54% jump in EPS, prompting an upward revision to its annual guidance.
Elon Musk announces the merger of SpaceX and xAI, unveiling an ambitious plan to construct data centers in space, which he claims will become the most cost-effective source of AI computing power within years.
The Trump administration is preparing to review key data-sharing provisions within the Dodd-Frank Act, a move that could redefine privacy standards between traditional banks and financial technology firms like Venmo and Plaid, and alter the competitive balance of the financial sector.
A landmark lawsuit filed in Texas federal court targets a California physician for allegedly mailing abortion medication across state lines, testing a new state law that empowers private citizens to act as enforcers and setting up a clash with California's protective 'shield law'.
Interim President Delcy Rodriguez met with U.S. Special Envoy Laura Dogu in Caracas, marking a significant step in the gradual restoration of bilateral ties severed four years ago.
Elon Musk has consolidated his AI venture, xAI, into SpaceX, creating a unified entity to pursue the audacious goal of deploying a million-satellite constellation that will function as solar-powered data centers in space, addressing the surging energy demands of artificial intelligence.
Shares of the satellite broadband company surged last month, fueled by a key U.S. Missile Defense Agency contract and progress on its satellite constellation launch schedule, despite emerging competition.
Apple shares surged over 4% as blockbuster Q1 earnings, led by iPhone sales and services growth, reignited investor confidence in the tech giant's expansion narrative, particularly in key markets like India.
Elon Musk merges his space and AI ambitions under one roof as SpaceX finalizes the acquisition of xAI. The strategic move, combining Starlink, social platform X, and chatbot Grok, sets the stage for a landmark public offering and accelerates Musk's vision for off-planet data infrastructure.
Palantir Technologies shatters expectations with Q4 results, reporting a 70% revenue surge and forecasting continued robust growth, as its AI platform becomes a central driver for U.S. commercial business.
A sharp 18.6% annual rise in serious mortgage delinquencies signals deepening strain for American homeowners, driven by soaring insurance, taxes, and living costs rather than risky loans.
The data analytics firm's fourth-quarter results showcase a decisive shift, with U.S. commercial revenue soaring 137% and profitability silencing long-time skeptics, even as its premium valuation demands sustained execution.
Despite economic headwinds, the U.S. footwear market maintained its $90 billion valuation in 2025, with running styles, clogs, and high-shaft boots leading Q4 sales as consumers prioritized comfort and versatility.
Elon Musk consolidates his space and AI ventures, creating a private sector titan valued at $1.25 trillion with an ambitious plan to address AI's energy demands by moving data centers into orbit.
A new legislative effort seeks to transform California's insurer of last resort into a comprehensive provider, potentially ending the need for hundreds of thousands of homeowners to juggle multiple policies amid the state's ongoing insurance crisis.
